Several winners today from Watchers:
TEAR faded nicely in the afternoon. CHGY, CHGS, and JMBA also joined the party as textbook over extended short play candidates that played out beautifully.
I mulled over a short on AENY for real, as IB suspiciously had shares, when so often they have failed in the clutch for me. Many brokers had them, the pump is now a dump, and the choppy stock had bounced strongly in the recent past when least expected. Others I interacted with today shorted this stock, hoping for a swing.
The risk of a forced buy-in has diminished on the stock, as so many shares are opening up, but I am and was unconvinced, having seen so many people experience that on this equity, so I papered this for fun and action, having missed several good plays (some having shares available at my broker) that I listed above.
CHGY was the best of these, and I just missed it looking at other things, like the price action on the "Q" stocks like WAMUQ, etc. I got bored with AENY, and covered the short too early when it failed to break down, only to see more downside later. I exited with a tiny gain. The chat room I frequent has over 100 members on average daily. Lots of alerts and good moderation by Reaper. Sykes often appears, too.
Join us during market hours at http://timalerts.com/chatroom/
SLD 200 AENY Stock 3.3000 USD SMART 09:23:11 1.00
BOT 200 AENY Stock 3.280 USD SMART 10:00:55 BookTrader 1.00
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